Kotak Security Intenship Report

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A

PROJECT REPORT

ON

SUMMER INTENSHIP PROGRAM UNDERTAKEN AT

KOTAK SECURITIES LTD.

In partial fulfilment for the award of the degree of

Master of Business Administration

Submitted by

Udya Bhanu Sethi

PC21MFM 027

Batch of 2021-23
At

GMU UNIVERSITY, AMRUT VIHAR,


SAMBALPUR, ODISHA

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DECLARATION

I, Udya Bhanu Sethi student of GMU UNIVERSITY, SAMBALPUR Batch in MBA-FM,


hereby declare that, this Project Report under the title ‘ONLINE EQUITY TRADING’ is the
record of my original work under the guidance of Mr., Branch MANAGER of a Kotak Securities
Ltd. in SAMBALPUR(ODISHA). This report has never been submitted anywhere else for award
of any degree or diploma.

Signature of the Student:

Place: SAMBALPUR

Date:

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ACKNOWLEDGEMENT

It is a great opportunity & pleasure for me to express my profound gratitude to wards all the
individuals who directly or indirectly contributed towards completion of this report.

Working on this report was a great fun, excitement, challenges and a new exposure in the field
of Human Resource. I am greatly in debated to under whose guidance and concern I am able to
bring the report into its real shape.

I am thankful to (Mr. X) and all faculty members of Management Department in providing me


useful guidance for the completion of this report. I convey my gratitude to all those who are
directly or indirectly related in the completion of this project report.

Udya Bhanu Sethi

Roll No: PC21MFM027

Course: MBA-FM

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PREFACE

Any kind of learning is incomplete till it is practically applied in the concerned field. Only then
does a person understand and get hold of even the minutes’ details of what he/she has learnt
in his stay at the institute doing his /her course. So, to practically apply what I had gained in the
past Two year in the MBA-FM programme, I underwent 45 Days summer training at Kotak
Securities, Sambalpur.

It has been a wonderful learning experience, which has given me an insight into Management
of modern business which requires an appreciation of multidisciplinary concept and in-depth
knowledge of specific analytical tools, geared to the solution of real-life problems. No doubt
every real situation is unique but a set of theoretical tools of knowledge, itself based on
empirical foundation, can help in developing the mechanism for handling such situation.

So, the MBA curriculum has been desired to provide to the future manager’s ample practical
exposure to the business world.

The summer training is essential for the fulfilment of MBA-FM curriculum; it provides an
opportunity to the student to understand the industry with special emphasis on the
development of skills in analysing interpreting practiceal problems through applications of
management.

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INDEX

Chap.
CONTENT PAGE
NO.

7
1 Introduction

13
2 Industry Profile

16
3 Company Profile

23
4 Objective of the Study

5
Job / Work Description 24

25
6 Achievements & Learning

27
7 Suggestions & Recommendations

29
8 Difficulties faced

30
9 Limitations

32
10 Conclusions

33
11 Bibliography

CHAPTER 1

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INTRODUCTION

THEORETICAL CONCEPTS

INVESTMENT AND INDIVIDUAL


Investing is never easy process. However, a sound understanding of some
Basic concepts make the process of investment decision-making much easier and
the experience much more enjoyable. The following steps can help the individual
get started on the path to becoming a successful investor.
1. IDENTIFICAION OF FINANCIAL NEEDS AND GOALS
The first step is to get a clear understanding of the financial needs and goals. The
question at this stage may be asked that when the money is needed. This needs
listing down all the financial goals and when they will materialize, and how much
money will be needed for the same. The answer will help to arrive at the time
frame for the investment- short term, medium term, or long term.
2.UNDERSTANDING THE TOLERENCE TO RISK
Before making an investment decision, it is important to ascertain the feelings
about the risk. Will the investor be comfortable with fluctuations in the value of the
investment? Or would the investor prefer to settle for lower returns without ups
and down?
3.ESTIMATING THE REQUIRED RATE OF REURN
The required rate of return depends on the financial goals and the time the investor
has to achieve them.

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HUMAN BEING AND THE INVESTMENT
The human being is the most sophisticated type of species whatever there is
found on this planet. Although the other beings that are in existence on the
earth are also aware towards their ahead coming times but at the same time
the human is getting more aware towards its future. This awareness is being
shown in every area wherever the human has its reach. Money may be
considered as the most burning field that has got the maximum of the
attention of the human towards the fulfillment of the future needs.
Here the future money income factor is being considered as the prime objective
factor on which we are now going to pay most of our attention and time. For the
future income, the present investments are compulsory that would yield the funds
in time coming ahead.
Now on the next pages there are being presented some important concepts related
to the investment as par the topic that a comparative study between the investments
in mutual funds through systematic investment plans and investment in the stocks
and shares.
WHY PEOPLE GO FOR THE INVESTMENTS?
This question that why the people go for the investment plays the role of the pivot
that would lead us towards the theoretical concepts that would build the foundation
for the overall research report.
The very clear purpose that we go for the investments in our life is that we want to
secure our future from all the mis happenings and at the same time want to learn
something from what we had invested in the past. This may be further stated in the
form of following two points.
1. To gaining the current profits from their investments and focusing on the short-
term investments and gains coming out of them.

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2. For earning long term profits and investing the gains again for the long terms
that to secure the future?
SHARES AND STOCKS:

Shares are units of equity ownership in a corporation. For some


companies, shares exist as a financial asset providing for an equal
distribution of any residual profits, if any are declared, in the from
dividends
 A stock is general term used to describe the ownership certificates of any
company. a share on the other hand, refers to the stock certificate of a
particular company. Holding a particular company’s share markets, you a
shareholder.
 Stock are two types: Common and Preference

PREFERENCE SHARES AND EQUITY SHARES


Preference shares allow an investor to own a stake at the issuing company with a
condition that whenever the company decides to pay dividends, the holders of the
preference shares will be the first to be paid.
MUTUAL FUNDS
A mutual fund is an investment vehicle that pools funds from investors
and invests in equities, bonds, government securities, gold, and other
assets. Companies that qualify to set up mutual funds, create Asset
Management Companies (AMCs) or Fund Houses, which pool in the

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money from investors, market mutual funds, manage investments and
enable investor transactions.
In India, the capital markets regulator SEBI (Securities and Exchange
Board of India) has encouraged the mutual fund industry by creating a
system that works for the benefit of all stakeholders, including investors
and mutual fund sponsors. Regulations are passed from time to time
which improves functioning and help attract investments and generate
growth.
PORTFOLIO MANAGEMENT SERVICES
Portfolio management services or PMS offer customized investment solutions to
investors to help them attain their financial goals. Portfolio management services
construct investment portfolios across various investment options, and portfolio
managers take care of the investment portfolio.
Portfolio management services help investors maximize returns over time by
focusing on the time horizon, risk profile and investment objectives.
TYPES OF MUTUAL FUNDS
1 Money Market Funds
Money market funds invest in short-term fixed-income securities.
Examples of short-term fixed-income securities would be government
bonds, Treasury bills, commercial paper, and certificates of deposit.
These types of funds are generally a safer investment but with a lower
potential return than other mutual funds.

2. Fixed Income Funds

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Fixed income funds buy investments that pay a fixed rate of return. This
type of mutual fund focuses on getting returns coming into the fund
primarily through interest.

3. Equity Funds
Equity funds invest in stocks. Furthermore, there are different types of
equity funds such as funds that specialize in growth stocks, value stocks,
large-cap stocks, mid-cap stocks, small-cap stocks, or a combination of
these stocks.

4. Balanced Funds
Balanced funds invest in a mix of equities and fixed-income securities –
typically in a 40% equity 60% fixed income ratio. The aim of these
funds is to generate higher returns but also mitigate risk through fixed-
income securities.

5. Index Funds
Index funds aim to track the performance of a specific index. For
example, the S&P, or TSX. Index funds follow the index and go up
when the index goes up and goes down when the index goes down.
Index funds are popular as they typically require a lower management
fee compared to other funds (due to the manager not needing to do as
much research).

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6. Specialty Funds
Specialty funds focus on a very small part of a market such as energy,
telecommunications, healthcare, industrials, etc.
WHERE DO MUTUAL FUNDS INVEST?
Broadly mutual funds invest in three types of asset classes:
1. STOCKS
Stocks represent ownership or equity in a company popularly known as shares. In
other words, this may be said that the shareholders are the owners of the company.
2. BONDS
These represent debt from companies, financial institutions, or Government
agencies.

3. MONEY MARKET INSTRUMENTS


Money market instruments are short-term financing instruments aiming to increase
the financial liquidity of businesses. The main characteristic of these kinds of
securities is that they can be converted to cash with ease, thereby preserving the
cash requirements of an investor.

The money market and its instruments are usually traded over the counter, and
therefore, cannot be done by standalone individual investors themselves. It has to
be done through certified brokers, or a money market mutual fund.

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CHAPTER 2

CORPORATE IDENTITY

THE SYMBOL OF THE INFINITE KA REFLECTS OUR GLOBAL


INDIAN PERSONALITY. THE KA IS UNIQUELY INDIAN WHILE
ITS CURVE FORMS THE INFINITY SIGN, WHICH IS
UNIVERSAL. ONE OF THE BASIC TENENTS OF ECONOMICS IS
THAT MAN’S NEEDS ARE UNLIMITED. THE INFINITE KA
SYMBOLISES THAT WE HAVE INFINITE NUMBER OF WAYS
TO MEET THOSE NEEDS

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HISTORY OF THE COMPANY

The Kotak Mahindra group was born in 1985 as Kotak capital


management financier’s ltd. Uday Kotak, Sidney A.A Pinto, the
company. Industrialists Harish Mahindra and Anand Mahindra
Took a stake in 1886 and that’s when the company changed its name
to KOTAK MAHINDRA FINANCE LIMITED.

1986: Kotak Mahindra Finance Limited starts the activity of bill


discounting.
1987: Enters the base and hire purchase market.
1990: Auto finance division was started.
1991: Investing banking was started.
1992: Enters funds syndication sector.
1995: Brokerage and distribution businesses incorporated into a
separate company Kotak Securities.
1996: The auto finance business was hived off into a separate company-
Kotak Mahindra Primus Limited. Kotak Limited, for financing ford
vehicles.
1998: Enters the mutual fund market with launch of Kotak Mahindra
Company

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2000: Kotak Mahindra ties up with old mutual for the life4 insurance business.
Kotak Securities launches Kotak securities system. Com‐ its online broking site.

2003: Kotak Mahindra finance Limited converts to bank.

2004: Launches India growth fund, a private equity fund.

2005: Kotak group realign joint venture e in ford credit; Buys Kotak Mahindra
prime (formerly known as Kotak Mahindra primus limited) and sells ford credit
Kotak Mahindra. Launches a real estate fund

2006: Bought the 25% stake held by Goldman Sachs in Kotak Mahindra Capital
Company and Kotak securities
Kotak securities limited are a subsidiary of Kotak Mahindra Bank Limited is one
of largest private brokerage and distribution house Set up in 1994 by Mr. Uday
Kotak. Kotak securities have 25% equity participation from Goldman Sachs.
Kotak securities have been the largest in IPO distribution and was
ranked no.1 in the year 2003‐2004 as book running lead managers in
IPOs by prime database. The core strengths are the expertise in equity
research and wide retail distribution network. It has an outstanding
research division involved in macro-economic studies, industry and
company specific equity research with analysts specializing economic
sectors and large cap stocks. Kotak securities manage assets over rupees
1200 crore under portfolio management.

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CHAPTER 3

INTRODUCTION OF KOTAK SECURITIES LTD.

Originally established in 1994, Kotak Securities is a subsidiary of Kotak Mahindra


Bank, which services more 2.7 million customers. The firm has a wide network of
more than 1603 branches, franchisees representative offices, and satellite offices
across 504 cities in India and offices in New York, London, Dubai, Mauritius and
Singapore.
We process more than 400000 trades a day which is much higher than some of the
renowned international brokers. The company is a corporate member of both The
Bombay Stock Exchange (BSE) and The National Stock Exchange of India (NSE).
Our operations include stock broking services for trading in stock markets through
branches & internet and distribution of various financial products including
investments in IPOs, Mutual Funds and Currency Derivatives. Currently, Kotak
Securities is one of the largest broking houses in India with substantial
geographical reach to Asia Pacific, Europe, Middle East, and America.

Kotak Securities Limited has Rs. 4,78,873 crores of Assets Under Management
(AUM) as of 31st Dec 2021.

Innovator:

We have been the pioneers in providing many products and services which have
now become industry standards for stock broking in India. Some of them include:

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Research Expertise:

We specialize in Fundamental and Technical analysis backed by a team of highly.


Our full-fledged research division is involved in Macro Economic studies,
Sectorial research and Company Specific Equity Research which publishes in
depth stock market analysis. This is combined with a strong and well networked
sales force which helps deliver current and up to date market information and
news.

We are also a depository participant with National Securities Depository Limited


(NSDL) and Central Depository Services Limited (CDSL). By being a stockbroker
and depositary participant, we provide dual benefit in our services wherein the
investors can avail our stock broking services for executing the transactions. Our
Portfolio Management Service comes as an answer to those who would like to
grow exponentially on the crest of the stock market, with the backing of an expert.

Board of Directors of Kotak Securities Ltd:


Chairman: Mr. Uday Kotak.
Managing Director: Jaideep Hansraj
Directors: Mr. Falguni Nayar
Mr.Noshir Dastur
MR. Krishnan Venkat Subramanian

Executive Director & Chief operating Officer: Mr. Shripal Shah

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KOTAK GROUP PRODUCTS AND SERVICES:

 Bank
 Life Insurance
 Mutual Fund
 Car Finance
 Securities
 Institutional Equities
 Investment Banking
 Kotak Mahindra International
 Kotak Private Equity
 Kotak Realty Fund

AWARDS AND RECOGNITION OF KOTAK SECURITIES LTD.

A Kotak Mahindra Bank

• Uday Kotak: Lifetime Achievement Award at Magna Awards 2019


by Businessworld
• Uday Kotak named the ‘Best CEO in Banking Sector’ at the
Business Today Best CEO Awards 2019
• The Asset Country Awards 2019 Best Bank – Domestic award
Finance Asia Best Managed Companies Poll, 2020 –

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• Uday Kotak has been ranked #2 in Best CEO Kotak Mahindra
Bank has been ranked #4 in the Best Managed Company
• Kotak Mahindra Bank was featured in Asia money 30 - The 30 key
Asian financial institutions shaping Asia’s financial system

• Kotak Mahindra Bank recognised as Best Domestic Bank at the


AsiaMoney Best Bank Awards 2019: India
• The Tata Mumbai Marathon 2019 Philanthropy Awards Nite
recognised:
• Kotak Mahindra Bank as the Highest Fund Raising Corporate
• KVS Manion, President – Corporate, Institutional and Investment
Banking as the TMM Legend
• Shanti Ekambaram, President - Consumer Banking as the Change
icon Manish Kothari, Senior Executive Vice President & Business
Head - Corporate Banking as the Change Champion
• The Asian Banker Transaction Banking Awards:
• Best Cash Management Bank in India
• Best Productivity, Efficiency and Automation Initiative,
Application or Programme – Kotak Mahindra Bank - Smart
Collect"
• Shekhar Bhandari as The Transaction Banker of the Year in Asia
Pacific 2019
• The Magna Awards 2019 by Business world
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Best Mid-Size Ban

Fastest Growing Mid-Size Bank

• Kotak 811 – India Invited Campaign wins “Silver” under the Integrated
Campaign category at MADDYS 2019 held by the Madras Advertising
Club
• Infosys Finacle Client Innovation Awards 2019 recogised Kotak
Mahindra Bank for:
• API-led innovations for Open Banking

Process Innovation for CMS Payment Robotics Process Automation

Product Innovation for Dynamic Discounting Supply Chain

• Runner Up: IAMAI 9th India Digital Awards for Best Digital API – Open
Banking
• The Asset Triple a Treasury, Trade, Supply Chain and Risk Management
Awards 2019 wards

Main areas of business Kotak Securities are:

• Institutional broking business

• Private client group

• Client money management

• Retail distribution of financial products

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• Depository services

• Online trading

Institutional broking business:


Kotak Institutional Equities (KIE), a division of Kotak Securities, is among
India's leading institutional brokers. The division covers secondary market
broking and markets Indian equity offerings, including IPOs, to domestic and
foreign institutional investors (FIIs).

Private client group:

Private client group is a special investment division for high-net-worth individuals.


Non-resident Indian investors, trusts corporate and banks the investments product
range at private client group is among the widest in the country and covers debt
and equity, mutual funds, and specialized structured investment products.

Client money management: -


This division provides professional portfolio management services to high-net-
worth individuals and corporate. Efficient fund management is always maintained
as well as complete accountability and transparency. Its expertise in research and
stock broking gives it the right perspectives from which it provides its clients with
investments advisory services that benefit the clients.
Retail distribution of financial products: -

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Kotak Securities has a comprehensive retail distribution network, comprising about
7000 agents, 13 branches and over 20 franchisees across India. This network is
used for the distribution and placements of a range of financial products that
includes company fixed deposits, mutual funds initial public offerings, equity, and
small saving schemes.
Depository services: -
Kotak Securities is a depository participant with national securities depository
limited for trading and settlement of dematerialized shares. Since it is also in the
broking business investors who use its depository services get dual benefit.

Online trading: -
Kotak Securities online broking service Kotaksecurities.com offers services for
retail investors who like to trade on net its unique product offering securities as
margins and its market watch facility with real time prices combined in an order
facility not offered by and another web site at present

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CHAPTER 4

TITLE OF THE STUDY

The title of the study undertaken by the researcher is “operation and services
offered by Kotak Securities Ltd. and the procedure involved in online equity
trading with more emphasis on customer preference.

From stock market to Options trading to Mutual funds, each of our modules
systematically explain investment related Terms and concepts that form the basis
of winning investment Strategies. So, select the modules of your choice and give
Your portfolio the edge of knowledge.

OBJECTIVE OF THE STUDY


To help the researcher in knowing out the various kinds of services provided by
Kotak group.

 To study the different products of Kotak Securities Ltd.


 To maintain the database regarding various.
 To give an in-depth knowledge about security, Derivatives; future and
option, capital market; primary and secondary, NSE and BSE.
 To study how to determine various Pricing Strategies involved in online
trading.
 To study the software KEAT used by the company for trading.

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CHAPTER 5

DETAILED JOB PROFILE

The job undertaken was regarding a detailed analysis of marketing of promotion of


Kotak Securities online trading products, studying its current scenario and studying
the challenges faced by Kotak Securities online division.

The study helps to know about the market position of Kotak securities as compared
to other market players, through the opinion of customers and promoting the
products of Kotak securities. Opinion of customers and promoting the products of
Kotak securities.

 We used to put canopies in front of various financial institutions like banks,


commercial places and entertainment places (like to approach to the people
and promoting the products of Kotak securities.
 Through directly and data available, we used to do telemarketing for the
investors and the non-investors and try to convince them about the
Kotaksecurities.com and how it is better from others.
 Personally, meeting them and providing them with the company brochures
and giving them detailed knowledge about how with a minimum amount of
money he can start with online trading. Telling him about the various
accounts, which he can open with Kotak and telling him about the process

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on how new join his e‐trading account, Demat account with his saving
account.
 At the same time, handling back-office work, which included solving the
client’s quarries, to place orders, giving daily recommendation to the
existing clients?
 Also giving the demonstration of the software K.E.A.T. (Kotak E – trading)
Assess Terminal) through which the clients can buy and sell his shares and
can do all the trading online only.

CHAPTER 6
AREA ASSIGNED AND TARGET ASSIGNED

Area assigned

Area assigned to me was Gwalior city only. Where mainly I have surveyed the investors of City
centre and Lashkar area.

Target assigned

As my work was mainly generating leads and converting them into the clients, and I was also
handling back-office work, so the target given to me was 2 accounts in two months.

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DAY TO DAY JOB EXPERIENCE

 As Kotak securities is one of the leading financial institutions in India, so for


the first 10 days was the training period to about the profile the company, the
knowledge of Kotak securities, the product of Kotak securities, account
opening process in Kotak Securities, complete knowledge of market watch,

 Also, about the ups and downs of the market how NIFTY and SENSEX
moves, what are the main scripts on which they moves and complete
knowledge of the software K.E.A.T.
 After the training of the ten days, I was very familiar to all the products, the
account opening process and about the software and Kotak securities
products and various accounts that can be opened in Kotak Securities.
 I used to do telemarketing to generate leads and converting them into the
clients of Kotak Securities also use to put canopies in front of banks,
commercial places, entertainment places for promoting the products of
Kotak Securities online division.

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 I was handling the back-office work which included giving daily
recommendations to the existing clients, solving the client’s queries, placing
the orders of clients through call and trade, fillings account opening forms.
 During my training period I was the one to generate maximum leads, for
which my regional manager and the executive appreciated me.
 During the last seven to ten days, I have done a survey of the investors of
Gwalior city and found that still people are not aware of Kotak Securities
and those who are aware are mainly above the age of 50 as they have a deep
knowledge of share market.

CHAPTER 7
SUGGESTIONS AND RECOMMENDATIONS

Some of the Suggestions and recommendations for improving the present image as
well as the Services of Kotak securities Ltd. are as follows:

More Branches:

Some more branches should be opened so it becomes easier and more


approachable for the people to do their transaction. The branches should have well
trained employees.

Customer awareness:

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The people should be updated with the new issues and the schemes started by the
organizations to the existing customers. The customers should be informed about
the newly issued scrip’s as well as be given daily basis tips/news for profitable
transactions. Regular contact with the customers through telephone can be
maintained for smooth running of the business.

Feedback:

A proper feedback system should be designed to take care of the dissatisfied


customers and solving their problem as their bad works of mouth publicity can
make Kotak Securities Ltd lose its potential as well as existing customers.

Well Trained Customer Care Staff:

For satisfactory handling queries to establish more good standards in trading can
be done through outstanding performance, courteous services and a high ethical
benchmark

Higher Penetration in the Untapped Market:

Approaching all the potential clients, making them aware that various instruments
and convincing them.

Newspaper and Agents:

Newspaper and agents are most effective tools for awareness, so Kotak Securities
Ltd should use these tools more for advertisement.

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Others:

1. According to the analysis the investor above the age of 50 years must be
taken into consideration as they are having great potential regarding
investment.
2. Kotak Securities must use marketing tools like point of purchase,
advertisement through mass media, like newspapers, magazines, televisions,
fairs, and advertisements on Internet.

3. Documents required for an account opening are too unique and confusing.
Voters ID or driving license should be taken both as identity proof as well as
address proof.

4. The organization is lacking on the parameters of motivation. For example


incentives on targets should be given time to time.

5. Kotak must lay some sound strategies to trap more customers by providing

them with less brokerage in comparison to other.

CHAPTER 8

DIFFICULTIES FACED

• High Brokerage: ‐ Kotak Securities has high brokerage as compared to other


online players.

• Call and trade: ‐ Call and trade facility is payable which is not convenient for

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all the clients.

• Saving Accounts: ‐ saving account with Kotak Mahindra Bank, AXIS, HDFC,
HSBC and CITI bank is mandatory.

• Documentation: ‐ in Kotak Securities the documentation process is very


lengthy and cumbersome.

• Lack of Awareness: ‐ in Gwalior city, though Kotak is well known but still
there is lack of awareness regarding Kotak Securities and its online division i.e.,
Kotaksecurities.com and its products.

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CHAPTER 9
MAJOR LIMITATIONS

Uncertainty of market

Securities investments are subject to market risk and there is no assurance of


guarantee that the objective of the scheme will be achieved.

Tough Competition

Due to the large number of local brokers investors are confused that where to
invest and where not to invest. Local brokers are ready to give the same investment
plan in very least brokerage.

Rigid and traditional structure

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The people believe investing in bank FD’s and post office saving and are reluctant
to invest in mutual fund. People like to secure money in terms of leading to the
people on high interest, the meant there is safe.

Socio‐economic factors

Most of the people of the country are agriculture dependent. So they invest less in
the capital in the market.

CHAPTER 10

CONCLUSION

From the analysis of the responses receive from the investors in Chennai city, most
investors are found to be conscious and enlightened regarding their investment,
returns and growth.

We have very good market in Chennai which comprises potential investors but due
to lack of basic promotion and publicity these investors are not fully aware of our
company and who so ever is aware of the company their investment decisions are
done based on security, analysis of risk yield and return few parameters like
demographic, physiological, income etc.

E‐trading account is a unique combination of saving account; Demat and online


share trading account as no other depository provides all the three facilities
together.
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So, my findings are that Kotak securities should make little more efforts to trap the
potential investors, like media advertisements, paper advertisement, seminars and
business meets and building a good relationship with potential business, more over
friendly guidance.

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CHAPTER 11

BIBLIOGRAPHY

NEWSPAPERS

 Economic Times

 Business Standard

 Times Of India

 Hindustan Times

MAGAZINES
 Capital Market
 Mutual funds
 Business Today
 Business India

 Annual report, Kotak securities Ltd.


 Pamphlets and Brochures of Kotak securities Ltd.
 Organizational Profile of Kotak Securities Ltd.

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WEBSITES

 www.kotaksecurities.com
 www.kotakstreet.com

 www.kotak.com
 www.goggle.com
 www.businesstoday.com
 www.nseindia.com
 www.bseindia.coM

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